Squirrel Nutshell Ltd

Squirrel Nutshell Ltd from Essex UK: small company, active status, founded 7 years ago, 2 employees, £40,564 assets, real address, 2 directors, no owners. Irregular importer of miscellaneous metal items (2 months imported). It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. The company operates in the non-specialised wholesale trade industries. Officially, it has not published owners as their shares less than twenty five percent for each shareholder.

The company’s website, however, reveals a very different story. Squirrel isn’s about metal imports; it’s a provider of Self-Managed Super Funds (SMSFs) – a service aimed at Australians seeking greater control over their retirement savings. The site offers a platform for setting up and managing SMSFs, highlighting benefits like reduced fees, investment flexibility, and simplified paperwork. It’s a modern, slick operation with clear calls to action, a blog offering financial advice, and testimonials from satisfied customers. The site's features section details instant online access, support, and a user-friendly application process. It seems like the metal importing is a side hustle, or perhaps a previous venture that’s faded into the background.

Financially, Squirrel Nutshell Ltd shows a mixed bag. While net assets have dramatically improved from a loss of £85 to a gain of £5,000 – a staggering 6000% increase – other areas raise concerns. Cash reserves have fallen slightly, and bank borrowings have decreased, suggesting a reliance on trade credit. Creditors have also decreased, which is a good sign. The company’s small size and exemption from an audit mean the figures are unaudited, but the significant turnaround in equity is notable. There’s also a slight error in the report; it states the company has two directors, but it doesn’t mention any employees, despite stating two were reported.

Overall, Squirrel Nutshell Ltd appears to be navigating a transition. The metal importing seems to be a minor activity compared to the growing SMSF business. While the financials show a positive shift, the lack of detail and the unaudited nature of the report leave some questions unanswered. It's a company with a unique story – a small business that’s seemingly reinvented itself in the world of retirement planning.

Registered in England/Wales under the registration number 10943674, with a registered address at CM19 5DH, England, Essex, Southview Nursery Old House Lane, Roydon.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.